He added: “The growth acceleration this quarter gives us confidence that our strategy is working. When we connect with guests through great operations, relevant marketing focused on Chipotle’s great taste and real ingredients, and provide more convenient access, they respond enthusiastically.”

Entering 2019, Chipotle’s biggest challenge was skyrocketing wages, just like many other restaurants, Niccol warned last month at the ICR Conference — an event with many restaurant executives and investors attending. At the time, he told Business Insider that Chipotle was considering raising prices to help combat the wage increases, but that investors shouldn’t panic.